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Title: Why market going downward after such good news like "expedia accepted btc" = = Post by: opsgame on June 12, 2014, 07:41:32 AM ??? ??? ???
Title: Re: Why market going downward after such good news like "expedia accepted btc" = = Post by: blatchcorn on June 12, 2014, 07:48:47 AM The market generally ignores a good news story until there has been a huge build-up, then the market decides it should correct itself after ignoring all this good news.
Title: Re: Why market going downward after such good news like "expedia accepted btc" = = Post by: falllling on June 12, 2014, 08:02:05 AM a full market crushing to $5xx and $4xx is coming very soon!
thanks for the mtgox 800k + 200k lost coins and the China ban, there will be no more $1000 crazy buy, $6xx is already the top bubble Title: Re: Why market going downward after such good news like "expedia accepted btc" = = Post by: TERA on June 12, 2014, 08:02:31 AM Because the price is not a numeric measurement of the current strength of the news - it is much more complicated than that as bitcoin is a decentralized commodity/currency.
Title: Re: Why market going downward after such good news like "expedia accepted btc" = = Post by: zby on June 12, 2014, 08:10:01 AM The rally was caused by insiders and now they are realizing their profits :)
Title: Re: Why market going downward after such good news like "expedia accepted btc" = = Post by: freedomno1 on June 12, 2014, 08:11:51 AM The rally was caused by insiders and now they are realizing their profits :) I like that one, that or the market is going down because a lot more people will be converting Bitcoins to Fiat to rent hotels In other words a short term speculation at the cost of long term benefit Title: Re: Why market going downward after such good news like "expedia accepted btc" = = Post by: zetaray on June 12, 2014, 08:16:49 AM We went from $440 to $670 in 2 weeks. It is time for a correction. Expedia had nothing to do with it.
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